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EZRE

GFS Developments · Dubai Industrial City · handover Q3 2029

Coventry Cove payment plan

Coventry Cove by GFS Developments in Dubai Industrial City, Dubai is sold on a 20/23/21, 36% post-handover payment plan. On the cheapest unit, starting from AED 504K, that is AED 322K (64%) paid by handover in Q3 2029 and AED 181K (36%) after the keys. Handover is 36 months away.

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The Coventry Cove payment plan in dirhams

Payment plan as published by the developer

StageShare
On Booking20%
During Construction23%
On Handover21%
Post Handover36%

On the cheapest unit (Studio–3 BR, AED 504K)

On BookingAED 100,740
During ConstructionAED 115,851
On HandoverAED 105,777
Post HandoverAED 181,332
Paid by handover (64%)AED 322,368
Months to handover36
After handover (36%)AED 181,332

Percentages as published by GFS Developments. Dirham figures are those percentages applied to the published starting price of AED 503,700. Registration and other fees are not included.

The Coventry Cove instalment schedule, line by line

Every instalment GFS Developments publishes for Coventry Cove, in order, with the charges listed alongside the plan.

Payment Plan (Post Handover 3 years)

Published by GFS Developments

StageInstalmentShareOn AED 503,700
On Booking20%Down Payment20%AED 100,740
DLD Feefee4%AED 20,148
Admin FeefeefixedAED 3,000
During Construction23%1st Installment to 23rd Installment23 × 1%AED 5,037 each
On Handover21%On handover21%AED 105,777
Post Handover36%1st Installment to 18th Installment18 × 1.94%AED 9,772 each
Total of the plan98.92%AED 498,260

Lines marked fee (DLD Fee, Admin Fee) are charges the developer lists alongside the plan. They are paid on top of the price and are not part of the percentages above.

Instalments and charges as published by GFS Developments; the dirham column applies each percentage to the published starting price of AED 503,700. Fixed charges are printed as published. Registration with the Land Department is shown separately below.

What each unit size pays at Coventry Cove

The same plan, applied to the starting price GFS Developments publishes for each size in the building.

UnitFromOn Booking (20%)During Construction (23%)On Handover (21%)Post Handover (36%)
Studiofrom 345 sq ftAED 503,700AED 100,740AED 115,851AED 105,777AED 181,332
1 bedfrom 692 sq ftAED 871,549AED 174,310AED 200,456AED 183,025AED 313,758
2 bedfrom 1,339 sq ftAED 1,099,319AED 219,864AED 252,843AED 230,857AED 395,755
3 bedfrom 345 sq ftAED 518,190AED 103,638AED 119,184AED 108,820AED 186,548

Starting price per size as published by GFS Developments; each column is that size’s published starting price multiplied by the stage percentage above.

What it costs to register Coventry Cove

The Dubai Land Department charges 4% of the purchase price to register the sale. It is paid to the Land Department, not to GFS Developments and not to EZRE, and it sits outside the payment plan above. Administration, trustee and any developer charges are separate and are not shown here.

UnitFromLand Department 4%
StudioAED 503,700AED 20,148
1 bedAED 871,549AED 34,862
2 bedAED 1,099,319AED 43,973
3 bedAED 518,190AED 20,728

4% applied to each published starting price. The rate is the Dubai Land Department’s published registration fee and is not a figure from the register.

Everything else on Coventry Cove

Coventry Cove payment plan: questions buyers ask

What is the payment plan for Coventry Cove?
Coventry Cove by GFS Developments is sold on a 20/23/21, 36% post-handover plan: 20% on booking, 23% during construction, 21% on handover, 36% post handover, as published by the developer.
How much is the booking amount for Coventry Cove?
20% of the price. On the cheapest unit at AED 504K that is AED 100,740.
How much do I pay before I get the keys to Coventry Cove?
64% of the price, the payment due on handover day included. On the cheapest unit at AED 504K that is AED 322K by handover in Q3 2029.
Does Coventry Cove have a post-handover payment plan?
Yes. 36% (AED 181K on the cheapest unit) is paid after handover.
What are the registration fees on Coventry Cove?
The Dubai Land Department charges 4% of the purchase price to register the sale. On the cheapest unit at AED 504K that is AED 20,148. It is paid to the Land Department, not to EZRE, and it sits outside the developer's payment plan. Administration, trustee and any developer charges are separate.
When is the handover of Coventry Cove?
GFS Developments publishes Q3 2029, which is 36 months from now.

Payment plans in Dubai Industrial City

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